MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0460%/8h= −50.4% APRnext payment −$4.60 per $10,000 · paid last 24h −0.045%

Price spread now: Bitget against OKX+0.020%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$360.364% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.068%+$7 on $10k

Price spread, last 7 days−0.004%$0 · spread now +0.020%, 7d avg +0.022%

Together, before fees+0.064%+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.068%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.068% in total (about 3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.60 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX MRVL-USDT-SWAP	253.61	0	get 0.0000% / 8h	7h 47m	$6.7M	$24.3M	50x
Short	Bitget MRVLUSDT	253.66	−0.0460	pay 0.0460% / 8h	7h 47m	$5.5M	$17.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee BitgetbpOrdersPrice spread, now +0.020%Rate

Funding earned: −$96.6
Price spread: +0.020% → +0.022%: −$0.22
Slippage, 4 orders: −$14.42
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$133.24
Costs to cover: 0.364%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Bitget: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 1 min ago	0.39 bp	9.0 bp −$9	19.4 bp −$194	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	1.58 bp	10.7 bp −$11	15.5 bp −$155	36.3 bp −$3,630	doesn't fit

MRVL on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MRVLUSDTshort	−0.0460%	8h	253.66	+0.020%	$5.5M	$17.4M	20x
BloFin MRVL-USDT	−0.0029%	8h	253.94	+0.130%	$366K	$190K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	253.58	−0.011%	$299K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	253.66	+0.022%	$47K	$306K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	253.67	+0.024%	$23.3M	$114.9M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	253.57	−0.016%	$4.9M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAPlong	0.0000%	8h	253.61	long leg	$6.7M	$24.3M	50x
Gate MRVL_USDT	0.0000%	8h	253.68	+0.028%	$5.0M	$8.4M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	254.05	+0.175%	$711K	$455K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	253.96	+0.139%	$752	$187K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	253.70	+0.035%	$1K	$5.8M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	253.69	+0.032%	$22K	$145K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	253.81	+0.079%	$131K	$48K	50x	as long as short
Nado MRVL-PERP	+0.0012%	1h	253.66	+0.018%	$86K	$272K	10x	as long as short
Aftermath Perps MRVLUSD	+0.0017%	1h	253.74	+0.050%	$1K	$46K	10x	as long as short
QFEX MRVL-USD	+0.0022%	1h	253.66	+0.020%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	253.73	+0.047%	$88K	$164K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	253.51	−0.039%	$23K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	253.79	+0.071%	—	$51K	25x	as long as short
Paradex MRVL-USD-PERP	+0.0048%	8h	253.67	+0.022%	—	—	5x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	253.53	−0.032%	$14.0M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	253.60	−0.004%	$99K	$76K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	253.65	+0.016%	$112	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	253.62	+0.004%	$533K	$840K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0072%	1h	253.82	+0.083%	$325K	$664K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	253.60	−0.004%	$501K	$97K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	253.55	−0.024%	$4K	$144K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	253.51	−0.039%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	253.49	−0.049%	$18	—	10x	as long as short
edgeX MRVLUSDC	+0.0177%	4h	253.68	+0.029%	$36K	$375K	10x	as long as short
Phoenix MRVL	+0.0188%	1h	253.30	−0.122%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	256.63	+1.191%	$11K	$845	12x	as long as short